Faruqi & Faruqi, LLP is honored to announce that the firm has been recognized as the second largest minority-owned law firm in New York State. The current chart of New York-based minority owned firms was published on June 15, 2015, in the New York Law Journal. Faruqi & Faruqi... READ MORE

On May 15, 2015, Judge Analisa Torres of the United States District Court for the Southern District of New York appointed Faruqi & Faruqi, LLP and one other law firm as co-lead counsel for plaintiffs in: In re Altair Nanotechnologies Shareholder Derivative Litigation, 1:14-cv-09418-AT (S.D.N.Y.). Judge Torres wrote that... READ MORE

United States Court of Appeals For The Fourth Circuit Denies Petition For Rehearing In Historic Appeal Against Chelsea Therapeutics On March 16, 2015, the United States Court of Appeals for the Fourth Circuit determined that the claims asserted against Chelsea Therapeutics International, Ltd. should be remanded for further... READ MORE

On March 16, 2015, the United States Court of Appeals for the Fourth Circuit determined that the claims asserted against Chelsea Therapeutics International, Ltd. should be remanded for further proceedings because the claims had been erroneously dismissed by the district court: "Upon our review, we hold that the... READ MORE

On January 26, 2015, Judge Vincent Briccetti of the United States District Court for the Southern District of New York granted plaintiffs motion to certify a class of purchasers of Scotts Turf Builder EZ Seed product (“EZ SEED”). The suit, which challenges defendants marketing of EZ Seed, alleges... READ MORE

In In Re Jefferies Group, Inc. Shareholders Litigation, C.A. No. 8059-CB (Del. Ch.), Jefferies Group, Inc. (“Jefferies” or the “Company”) and Leucadia jointly announced that they had entered into an agreement, dated November 11, 2012, under which Leucadia would acquire the remainder of Jefferies common stock that it did... READ MORE

Court Appoints Faruqi & Faruqi, LLP Lead Counsel in Securities Class Action Against China Mobile Games & Entertainment Group, Ltd. On November 20, 2014, District Court Judge Kimba M. Wood of the United States District Court for the Southern District of New York appointed Faruqi & Faruqi, LLP... READ MORE

On October 29, 2014, United States District Judge for the Southern District of New York Ronnie Abrams ordered the consolidation of derivative cases on behalf of Lihua International, Inc. and has appointed Faruqi & Faruqi, LLP as co-lead counsel for Plaintiffs.... READ MORE

Faruqi & Faruqi is pleased to announce court approval of the hard-fought settlement in Guttentag v. Ruby Tuesday, No. 12-cv-03041, in the United States District Court for the Southern District of New York. The $3 million settlement includes over 4000 servers, bartenders and food runners at Ruby Tuesday restaurants... READ MORE

Faruqi & Faruqi, LLP Announces Denial of Motion to Dismiss in Shop-Vac Consumer Case On July 17, 2014, the United States District Court for the Middle District of Pennsylvania denied Shop-Vac’s motion to dismiss the claims of a class of vacuum purchasers. Faruqi & Faruqi represents the plaintiffs,... READ MORE

Faruqi & Faruqi, LLP has been Appointed Co-Lead Counsel in the Derivative Litigation Against ADT Corporation On July 16, 2014, the United States District Court for the Southern District of Florida appointed Faruqi & Faruqi, LLP as co-lead counsel for the newly consolidated case, In re The ADT... READ MORE

Court Appoints Faruqi & Faruqi, LLP Lead Counsel in Securities Class Action Against Geron Corporation On June 30, 2014, District Court Judge Charles R. Breyer of the United States District Court for the Northern District of California appointed Faruqi & Faruqi, LLP to serve as Lead Counsel in... READ MORE